Hints and tips:
Related Special Reports
...Bain remains one of the largest privately held US alternative asset managers, with many of the private equity rivals it grew up alongside having gone public in recent years....
...This has led a number to undertake reverse stock splits, in which, say, 100 existing shares are swapped for one new share....
...“Decades later, a V-neck sweater worn with a white round-neck T-shirt underneath is still one of my favourite looks. It’s clean, uncomplicated and blissfully under-thought.”...
...Gilmore starts at the largest US public pension plan in July, ending a seven-month vacancy in the top position at the $494bn pension fund....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...Video-conferencing company Zoom, whose shares soared as much as 765 per cent in 2020 as businesses switched to remote working, has been one of the biggest losers....
...The equity strategists we follow have seemed mostly unworried about sentiment....
...It says it needs improved access to capital, but it claims to be one of the largest biotech fundraisers in recent years....
...Step Two: Buy firms While only one subset of PE, global buyouts are a big category, and one we’re going to home in on....
...As one analyst put it: General Atlantic and CVC “best settle in and [hunker] down”....
...“It’s probably the number one concern in the marketplace right now.”...
...(Ethan Wu) One good read One problem with US politics: losing elections is too pleasant....
...One might notice a lot of interesting differences....
...One of the trades Combs or Weschler first initiated was in Apple, which has been one of Berkshire’s most successful....
...So, we are in a general equity rally, not a US big cap tech rally. Does the distinction matter?...
...Only one has made retrenchment work. Carvana shares are up more than 30 times since the end of 2022. Its market cap has recovered to $25bn. Peloton continues to sink....
...Warren Buffett’s Berkshire Hathaway sold 10mn Apple shares in the last three months of 2023, cutting into a position that the so-called Oracle of Omaha has called one of the “four giants” that account for...
...Quick recap: one of the only taxes Labour has committed to increasing if it comes to power later this year is the taxes paid by private equity dealmakers on carried interest — the cut of gains private equity...
...BlackRock’s US Equity Factor Rotation ETF (DYNF) is another to be swept up by the model portfolio tide....
...But gaps between them have widened as all but one reported financial results over the past few weeks....
...Skydance’s two-step deal is backed by private equity groups RedBird and KKR....
...opening day of one of Europe’s biggest insider trading trials....
...Stephen Welker, chair of Hostmore, said it would “reunite two businesses that are a natural fit, and were one business until as recently as 2014”....
...One good read The risks of management by “hard numbers.”...
...To argue that Berkshire’s equity has become undervalued relative to the index would require a deep dive into the shifting industrial mix of both (maybe a reader has done one?)....
International Edition